Serve Robotics Inc (SERV) average volume reaches $6.46M: Are the Stars Lining Up for Investors?

Serve Robotics Inc (NASDAQ: SERV) established initial surge of 7.33% at $10.83, before settling in for the price of $10.09 at the close. Taking a more long-term approach, SERV posted a 52-week range of $1.77-$37.00.

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The Industrials sector firm’s twelve-monthly sales growth has been 46.25% for the last half of the decade. This publicly-traded company’s shares outstanding now amounts to $36.94 million, simultaneously with a float of $26.79 million. The organization now has a market capitalization sitting at $464.73 million. At the time of writing, stock’s 50-day Moving Average stood at $8.77.

Serve Robotics Inc (SERV) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Serve Robotics Inc industry. Serve Robotics Inc’s current insider ownership accounts for 36.73%, in contrast to 14.33% institutional ownership. According to the most recent insider trade that took place on Aug 29 ’24, this organization’s Director sold 13,575 shares at the rate of 9.22, making the entire transaction reach 125,118 in total value, affecting insider ownership by 36,425.

Serve Robotics Inc (NASDAQ: SERV) Trading Performance Indicators

Let’s observe the current performance indicators for Serve Robotics Inc (SERV). It’s Quick Ratio in the last reported quarter now stands at 7.03. The Stock has managed to achieve an average true range (ATR) of 1.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 305.75.

In the same vein, SERV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.89, a figure that is expected to reach -0.16 in the next quarter.

Technical Analysis of Serve Robotics Inc (SERV)

Now, what If we examine the latest scores posted by [Serve Robotics Inc, SERV]. During the last 5-days, its volume was lower the volume of 9.67 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 29.35% While, its Average True Range was 1.07.

Raw Stochastic average of Serve Robotics Inc (SERV) in the period of the previous 100 days is set at 40.46%, which indicates a major fall in contrast to 47.66% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 117.90% that was lower than 225.05% volatility it exhibited in the past 100-days period.